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Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1218. (Read 2510302 times)

sr. member
Activity: 364
Merit: 301
Multipool is giving me 56BC per day with 1.2mh. Not impressed tbh. I can get more than that from anything else and just buy BC manually. Why is the multipool payouts so low?

It's still BETA.

80% of all questions in this topic is about the Multipool, why the pay-out is so low.

Spread the name "Blackcoin"into the world.

Blackcoin's facebook page have only 179 likes.

Like it...share it.

It's a small start.
member
Activity: 113
Merit: 10
Multipool is giving me 56BC per day with 1.2mh. Not impressed tbh. I can get more than that from anything else and just buy BC manually. Why is the multipool payouts so low?
sr. member
Activity: 399
Merit: 257
Newbie question.

Just trying to learn/understand how prices rise/fall.

I was just looking at different coins on MintPal. How does a coin's value start? Is it dependent on how much is mined before it hits an exchange? How many in total there are/will be?

Like I see blackcoin at about 6k sats with volume of 715 btc (and I know for a while it was 2-3 times that). It's only 1 month old.

Then I see something like darkcoin, whose value is at 14k sats but only a volume of 8 btc and is around 2 months old.

So just by looking at that, it's weird to me how the value of darkcoin can be double that of blackcoin with only 8 btc being traded (granted I'm only looking at MintPal). I wasn't around for the beginning of either of these coins, so am not sure how this became where we are today.

I'm also curious and confused as to if/how volume affects price. Same with total number of coins. I've read having too few coins can be bad for distribution, but too many means a slow rise and a need for more people to adopt to be worth more (like doge?).

Anyway I'm guessing there isn't a simple answer but even just a general outline would be helpful in me grasping generally how this works.



The free market decides everything. Essentially, sellers set a price which they think is a fair price while buyers do the same. Eventually, a baseline price is determined when either one of the two yields to the other or they find a middle price.
sr. member
Activity: 322
Merit: 250
I think I prefer the Mark Zuckerberg approach of getting it out there quick and dirty and fixing bugs as we go. Every day without an update is a whole load of potential hashes wasted.

Everything depends upon context, and in this context, I couldn't disagree more. Facebook is a social networking platform which doesn't have the capacity to wreck individual users investments. If it breaks a bit, no problem.

If you release a slightly buggy financial instrument, people might be willing to accept its not-quite-working status for a little while, but eventually, users could be left with the impression that the system is being develloped by a bunch of kids with no real regard for its users financial status, and as a consequence, give up on it and never return.

My own opinion is that, given the very early stage of this coin's development, waiting for a well executed, polished, effective tool to be released is the way to go. I think many of us forget that there are still very few people who are aware of the existance of coins such as this.

Apple don't release slightly iffy versions of their products ( well, maybe they do, I don't use them, but this is my impression ) ... they release great looking product that just works, and people love it. If BC can keep calm for a bit, be patient, release the killer tool when it is ready, the market will set itself around around it.



+100

A buggy multipool is more negative PR I think.

Okey, more PR is never wrong here in Crypto-world. Its all too fast paced now, that's the main problem.
member
Activity: 101
Merit: 10
I think I prefer the Mark Zuckerberg approach of getting it out there quick and dirty and fixing bugs as we go. Every day without an update is a whole load of potential hashes wasted.

Everything depends upon context, and in this context, I couldn't disagree more. Facebook is a social networking platform which doesn't have the capacity to wreck individual users investments. If it breaks a bit, no problem.

If you release a slightly buggy financial instrument, people might be willing to accept its not-quite-working status for a little while, but eventually, users could be left with the impression that the system is being develloped by a bunch of kids with no real regard for its users financial status, and as a consequence, give up on it and never return.

My own opinion is that, given the very early stage of this coin's development, waiting for a well executed, polished, effective tool to be released is the way to go. I think many of us forget that there are still very few people who are aware of the existance of coins such as this.

Apple don't release slightly iffy versions of their products ( well, maybe they do, I don't use them, but this is my impression ) ... they release great looking product that just works, and people love it. If BC can keep calm for a bit, be patient, release the killer tool when it is ready, the market will set itself around around it.



If BC can keep calm for a bit, be patient, release the killer tool when it is ready, the market will set itself around around it.

+100
sr. member
Activity: 427
Merit: 252
I think I prefer the Mark Zuckerberg approach of getting it out there quick and dirty and fixing bugs as we go. Every day without an update is a whole load of potential hashes wasted.

Everything depends upon context, and in this context, I couldn't disagree more. Facebook is a social networking platform which doesn't have the capacity to wreck individual users investments. If it breaks a bit, no problem.

If you release a slightly buggy financial instrument, people might be willing to accept its not-quite-working status for a little while, but eventually, users could be left with the impression that the system is being develloped by a bunch of kids with no real regard for its users financial status, and as a consequence, give up on it and never return.

My own opinion is that, given the very early stage of this coin's development, waiting for a well executed, polished, effective tool to be released is the way to go. I think many of us forget that there are still very few people who are aware of the existance of coins such as this.

Apple don't release slightly iffy versions of their products ( well, maybe they do, I don't use them, but this is my impression ) ... they release great looking product that just works, and people love it. If BC can keep calm for a bit, be patient, release the killer tool when it is ready, the market will set itself around around it.



I don't disagree with this view. I think the balance here is speed to level of shinyness. The cryptoworld moves too quick and is too fickle to wait around sometimes.
sr. member
Activity: 427
Merit: 252

This is good stuff and fair enough.

I've developed websites for close to 15 years, I guess my frustration is that on the actual website, although there is info in the header, in my experience, people will see the misleading information (BC address has not been used yet) in the My Miners page and think it's broken. People don't read large chunks of header text. I've certainly seen enough repetition in the IRC room of people asking about it to confirm that. It wouldn't have taken much to just change the text on that page a little bit while they ramp things up.

I understand they need time for development and won't be focussing on PR. Witnessing the IRC room though, if half of the time they spend responding on there was spent saying the same thing somewhere 'permanent' (here, twitter, the official website or whatever), more people will get the message when looking for instant information. IRC is nerdy, as others have said, full of chatter and sometimes intentionally misleading information in the name of being 'funny', it's not a wholly convincingly grownup environment.

That said, I appreciate the update. It's all onwards and upwards either way.
sr. member
Activity: 1009
Merit: 261
I think I prefer the Mark Zuckerberg approach of getting it out there quick and dirty and fixing bugs as we go. Every day without an update is a whole load of potential hashes wasted.

Everything depends upon context, and in this context, I couldn't disagree more. Facebook is a social networking platform which doesn't have the capacity to wreck individual users investments. If it breaks a bit, no problem.

If you release a slightly buggy financial instrument, people might be willing to accept its not-quite-working status for a little while, but eventually, users could be left with the impression that the system is being develloped by a bunch of kids with no real regard for its users financial status, and as a consequence, give up on it and never return.

My own opinion is that, given the very early stage of this coin's development, waiting for a well executed, polished, effective tool to be released is the way to go. I think many of us forget that there are still very few people who are aware of the existance of coins such as this.

Apple don't release slightly iffy versions of their products ( well, maybe they do, I don't use them, but this is my impression ) ... they release great looking product that just works, and people love it. If BC can keep calm for a bit, be patient, release the killer tool when it is ready, the market will set itself around around it.

sr. member
Activity: 322
Merit: 250
BlackCoin Card Update

I know a few of you want to know: "who is this guy"? I am ....

i thought you're going to reveal who you are. LOL

Anyhow, i hope you good luck with your talk to that woman.  BC CC would really be nice to have Smiley
+1

I know i cant use it in europe, but i would purchase one aswell, just to show it to people lol.



Would like that too!
member
Activity: 112
Merit: 10
BlackCoin Card Update

I know a few of you want to know: "who is this guy"? I am ....

i thought you're going to reveal who you are. LOL

Anyhow, i hope you good luck with your talk to that woman.  BC CC would really be nice to have Smiley
+1

I know i cant use it in europe, but i would purchase one aswell, just to show it to people lol.
sr. member
Activity: 1009
Merit: 261
It is great to see everyone excited about the possibility of a BlackCoin Card. I will post updates here directly to the forum and keep everyone updated as this progresses. I will try and be as transparent as possible along the way.

I know you've said that a physical card would to start with be restricted to America/Canada, but if there's any scope to make this available in Europe, I'd be interested.


member
Activity: 84
Merit: 10
BlackCoin Card Update

I know a few of you want to know: "who is this guy"? I am ....

i thought you're going to reveal who you are. LOL

Anyhow, i hope you good luck with your talk to that woman.  BC CC would really be nice to have Smiley
sr. member
Activity: 322
Merit: 250
sr. member
Activity: 476
Merit: 250
...
On the other hand, 0.015BTC/MH is not that bad. With 3 MH I need 12 hours to get that on Wafflepool...
...

Apologies I corrected my post - 0.015 is what I was getting in total, so I'm looking more like 0.0026BTC per Mh/s. Also I'm not sure if they have more tweaking to do because it is rare their end reports anywhere near 5.7Mh/s (more like 3-4), I don't have that problem with MPOS pools. Where the rate does bounce about a bit, it's usually fairly close to the truth. I'm not accusing there being theft or anything like that but think the code needs tweaking or something.

Anyway I'll report back after a good test on a different pool.


What ever. On IRC there are 5 Admins/Devs and 12 with voice status. Anyone of these should start to send information. Clean and transparent.

+1, we need more frequently updates on twitter, reddit, facebook so we can keep the flow of new people coming to blackcoin. Otherwise, this coin will be forgotten.

Agreed. Who do we reach out to in order to get this ball rolling? I'm definitely not a technical person, so all the mining and economics of cryptocurrencies at first glance just go right over my head, but I do have a background in social media, marketing, advertising and such and can try to help there. Just don't know who to talk to or where to start.

You could use http://webchat.freenode.net/ and talk to the @-nicks on #blackcoinpool or just offer makething services in the channel. I am sure they would like someone doing the job so they can focus on development.

Awesome, I'll give them a shout. Outreach can be such a big tool and it would be a shame to not utilize it, but I can't imagine trying to develop and manage this aspect as well. Hopefully I can be of some help!



I totally think, that good outreach and information is as much important as good development. PR and development are 50/50 of a good project.
sr. member
Activity: 294
Merit: 250
★Trash&Burn [TBC/TXB]★
...
On the other hand, 0.015BTC/MH is not that bad. With 3 MH I need 12 hours to get that on Wafflepool...
...

Apologies I corrected my post - 0.015 is what I was getting in total, so I'm looking more like 0.0026BTC per Mh/s. Also I'm not sure if they have more tweaking to do because it is rare their end reports anywhere near 5.7Mh/s (more like 3-4), I don't have that problem with MPOS pools. Where the rate does bounce about a bit, it's usually fairly close to the truth. I'm not accusing there being theft or anything like that but think the code needs tweaking or something.

Anyway I'll report back after a good test on a different pool.


What ever. On IRC there are 5 Admins/Devs and 12 with voice status. Anyone of these should start to send information. Clean and transparent.

+1, we need more frequently updates on twitter, reddit, facebook so we can keep the flow of new people coming to blackcoin. Otherwise, this coin will be forgotten.

Agreed. Who do we reach out to in order to get this ball rolling? I'm definitely not a technical person, so all the mining and economics of cryptocurrencies at first glance just go right over my head, but I do have a background in social media, marketing, advertising and such and can try to help there. Just don't know who to talk to or where to start.

You could use http://webchat.freenode.net/ and talk to the @-nicks on #blackcoinpool or just offer makething services in the channel. I am sure they would like someone doing the job so they can focus on development.

Awesome, I'll give them a shout. Outreach can be such a big tool and it would be a shame to not utilize it, but I can't imagine trying to develop and manage this aspect as well. Hopefully I can be of some help!

member
Activity: 73
Merit: 10
...
On the other hand, 0.015BTC/MH is not that bad. With 3 MH I need 12 hours to get that on Wafflepool...
...

Apologies I corrected my post - 0.015 is what I was getting in total, so I'm looking more like 0.0026BTC per Mh/s. Also I'm not sure if they have more tweaking to do because it is rare their end reports anywhere near 5.7Mh/s (more like 3-4), I don't have that problem with MPOS pools. Where the rate does bounce about a bit, it's usually fairly close to the truth. I'm not accusing there being theft or anything like that but think the code needs tweaking or something.

Anyway I'll report back after a good test on a different pool.


What ever. On IRC there are 5 Admins/Devs and 12 with voice status. Anyone of these should start to send information. Clean and transparent.

+1, we need more frequently updates on twitter, reddit, facebook so we can keep the flow of new people coming to blackcoin. Otherwise, this coin will be forgotten.

Okey they should entertains us, instead of developing, is that what u want???

Don't think that makes a better pool, they should work not twitter, irc etc...


Nah... you dont get the idea of what PR is. When they make little change in code, that makes a little difference, let's tell the world the Mpool is getting better and better. Noone cares about "10% gain in effiency" when noone knows. IRC is not everything.

In this case, u're right. But I'm a dev too (not in crypto) and I couldn't do my work if I had to answer in IRC, or something all the time.


I may agree that we need more PR persons, but the devs should have the focus on developing and bringing the pool out of beta.



Im glad we understand each other Smiley
sr. member
Activity: 322
Merit: 250
...
On the other hand, 0.015BTC/MH is not that bad. With 3 MH I need 12 hours to get that on Wafflepool...
...

Apologies I corrected my post - 0.015 is what I was getting in total, so I'm looking more like 0.0026BTC per Mh/s. Also I'm not sure if they have more tweaking to do because it is rare their end reports anywhere near 5.7Mh/s (more like 3-4), I don't have that problem with MPOS pools. Where the rate does bounce about a bit, it's usually fairly close to the truth. I'm not accusing there being theft or anything like that but think the code needs tweaking or something.

Anyway I'll report back after a good test on a different pool.


What ever. On IRC there are 5 Admins/Devs and 12 with voice status. Anyone of these should start to send information. Clean and transparent.

+1, we need more frequently updates on twitter, reddit, facebook so we can keep the flow of new people coming to blackcoin. Otherwise, this coin will be forgotten.

Okey they should entertains us, instead of developing, is that what u want???

Don't think that makes a better pool, they should work not twitter, irc etc...


Nah... you dont get the idea of what PR is. When they make little change in code, that makes a little difference, let's tell the world the Mpool is getting better and better. Noone cares about "10% gain in effiency" when noone knows. IRC is not everything.

In this case, u're right. But I'm a dev too (not in crypto) and I couldn't do my work if I had to answer in IRC, or something all the time.


I may agree that we need more PR persons, but the devs should have the focus on developing and bringing the pool out of beta.

full member
Activity: 168
Merit: 100
BlackCoin Card Update

It is great to see everyone excited about the possibility of a BlackCoin Card. I will post updates here directly to the forum and keep everyone updated as this progresses. I will try and be as transparent as possible along the way.

Yesterday evening my acquaintance put me in contact with someone who will assist in the process of making this a reality. I have a call with her today @ 11AM EST, and I will post the details of what I learn later today. She is the first hurdle in this process because she works directly with the banks and Visa/Mastercard to get these kind of programs approved. Visa/Mastercard are not fond of cryptocurrencies for obvious reasons, so I am going to have to choose my words carefully when explaining how all of this will work to her.

I know a few of you want to know: "who is this guy"? I am software engineer and I have owned/operated my own companies for over 10 years. I have worked on everything from small to large projects, and over the years most of my projects have been acquired by larger companies. I have years of experience creating new products and services, and I am the type of person who loves a challenge. So as long as we can convince Visa/Mastercard to approve this, I will make this happen for you guys.

I haven't contacted the developer (rat4) of BlackCoin yet, but I am sure he probably already knows about this. I want to make sure we have a chance of getting this approved before coordinating with him. If we are approved and this does get up and running, I will be giving him a percentage of the revenue. I am impressed with the fact rat4 didn't premine BlackCoin and didn't try to issue an IPO. He is very active in the community and he deserves to be rewarded for all his hard work!

As always any feedback/comments are welcome.
sr. member
Activity: 476
Merit: 250
...
On the other hand, 0.015BTC/MH is not that bad. With 3 MH I need 12 hours to get that on Wafflepool...
...

Apologies I corrected my post - 0.015 is what I was getting in total, so I'm looking more like 0.0026BTC per Mh/s. Also I'm not sure if they have more tweaking to do because it is rare their end reports anywhere near 5.7Mh/s (more like 3-4), I don't have that problem with MPOS pools. Where the rate does bounce about a bit, it's usually fairly close to the truth. I'm not accusing there being theft or anything like that but think the code needs tweaking or something.

Anyway I'll report back after a good test on a different pool.


What ever. On IRC there are 5 Admins/Devs and 12 with voice status. Anyone of these should start to send information. Clean and transparent.

+1, we need more frequently updates on twitter, reddit, facebook so we can keep the flow of new people coming to blackcoin. Otherwise, this coin will be forgotten.

Okey they should entertains us, instead of developing, is that what u want???

Don't think that makes a better pool, they should work not twitter, irc etc...


You are totally not getting the point. Yes people want to be entertained. If you want to change that, you might try it somewhere else where people don't have more or less huge amounts of investment involved.
Yes, devs should develop not chit chat. But someone has to fill the community with information that makes them enthusiasted and interested.
member
Activity: 73
Merit: 10
...
On the other hand, 0.015BTC/MH is not that bad. With 3 MH I need 12 hours to get that on Wafflepool...
...

Apologies I corrected my post - 0.015 is what I was getting in total, so I'm looking more like 0.0026BTC per Mh/s. Also I'm not sure if they have more tweaking to do because it is rare their end reports anywhere near 5.7Mh/s (more like 3-4), I don't have that problem with MPOS pools. Where the rate does bounce about a bit, it's usually fairly close to the truth. I'm not accusing there being theft or anything like that but think the code needs tweaking or something.

Anyway I'll report back after a good test on a different pool.


What ever. On IRC there are 5 Admins/Devs and 12 with voice status. Anyone of these should start to send information. Clean and transparent.

+1, we need more frequently updates on twitter, reddit, facebook so we can keep the flow of new people coming to blackcoin. Otherwise, this coin will be forgotten.

Okey they should entertains us, instead of developing, is that what u want???

Don't think that makes a better pool, they should work not twitter, irc etc...


Nah... you dont get the idea of what PR is. When they make little change in code, that makes a little difference, let's tell the world the Mpool is getting better and better. Noone cares about "10% gain in effiency" when noone knows. IRC is not everything.
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